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65 percent of truck fleets have only 1 tractor, research shows

NEW YORK — Do you have a small fleet of trucks and think you’re in the minority?

Well, think again, according to the latest data from Wolfe Research.

Wolfe says that, according to the Department of Transportation, 65 percent of tractor fleets are single-truck operations, but these account for just 17 percent of the tractors on the road.

On the flip side, Wolfe said, just 0.3 percent of fleets have greater than 100 trucks, but these larger fleets account for 31 percent of the tractors on the road.

Wolfe said it found 487,649 fleets in the DOT database with 455,373 of those having six or fewer trucks.

Of the 1,846,076 Class 8 registered with the DOT, 713,631 are operated by fleets with six or fewer trucks.

Of the total number of fleets, only 1,310 fall in the large fleet category with 101 or more trucks.

Only 77 fleets have 1,000 or more trucks.

The data includes Class 8 over-the-road tractors, but exclude the larger population of straight trucks, Wolfe said.

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